You need to know how to analyze property and then systematically evaluate property on a daily or weekly basis to stay on top of the market. 

I would use an experienced broker who can shop around and help you compare best terms on a National basis.

They will want to pass on the stepped up basis to their descendants and you want them not to. 

You can start to educate yourself on the individual components; how much does it cost to paint on a per sqft basis or what is an average kitchen remodel.  

Naturally, they are your competition and the daily rates need to be taken into account.

Check and reset them daily to remove the dead ones and reset the traps.Poison is easier and works well, but the mice die somewhere in the house and you may have an odor problem for a week or two.

I wanted to start tracking my daily hours in the business and wanted to understand HOW I need to do this so it gets approved come tax time. 

As of December, there were 495,000 new homes for sale on a seasonally adjusted basis.

You will be doing more work on them on a daily and monthly standpoint, but overall..

.- If you hold a rental until death, you can pass it on with a stepped-up cost basis, limiting captial gains if then sold (limited by inheritance tax limitations).Too many newbies on this site trying to replace their day job income via "passive" real estate investing w/o digging deep enough to understand how it really works.